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1541  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 07:38:09 PM
Doesn't appear to be much resistance all the way up to $1000 - Unless I'm misinterpreting.  Smiley
1542  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 07:56:01 AM
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.

I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?


I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...

I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.

Edit: My God the Mtgox fee really sucks compared to Bitstamp.

ummm, it's 2 to 3 months and losing 30% buy transferring your coins to another exchange or losing 30% buy having your money stuck in depreciating fiat instead of BTC is the same loss. That's assuming you EVER get the funds, something I'm starting to doubt. 30% is actually a low side loss when you consider that on average bitcoin appreciate >1000%/year.

When I was just starting BTC, I was all or nothing. But now I rarely go 100% into BTC. Admittedly I made a few mistakes by not. But this way I can sleep at night. Also I know this is psychological, but I still like being on the exchange with the highest USD so when we do hit the Mtgox ATH I can see it and be part of it! Rather then "Congrats to those guys on Mtgox, they hit the ATH."

Yeah, like mental illnesses are psychological. Bragging rights more important than actually getting your money? Hell, I've hit the ATH on Trade Hill, Bitoption, Bitmarket.eu and...what? they don't exist anymore? WooHOO! I had the most BTC there when they disappeared! Yeah for me!!!!!!! I win, right?

Yes and Mtgox has been around the longest and hasn't disappeared. But I'm waiting until the price is around 10-20% difference before switching.
1543  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 07:45:37 AM
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.

I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?


I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...

I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.

Edit: My God the Mtgox fee really sucks compared to Bitstamp.

ummm, it's 2 to 3 months and losing 30% buy transferring your coins to another exchange or losing 30% buy having your money stuck in depreciating fiat instead of BTC is the same loss. That's assuming you EVER get the funds, something I'm starting to doubt. 30% is actually a low side loss when you consider that on average bitcoin appreciate >1000%/year.

When I was just starting BTC, I was all or nothing. But now I rarely go 100% into BTC. Admittedly I made a few mistakes by not. But this way I can sleep at night. Also I know this is psychological, but I still like being on the exchange with the highest USD so when we do hit the Mtgox ATH I can see it and be part of it! Rather then "Congrats to those guys on Mtgox, they hit the ATH."

As more people leave Mtgox, I'll probably get my withdrawls faster. Smiley
1544  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:59:06 AM
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.

I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?


I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...

I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.

Edit: My God the Mtgox fee really sucks compared to Bitstamp.
1545  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:38:41 AM
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.
1546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:29:49 AM
Bet when we come back we'll start at 749 and Coinbull will come swooping in with his BTC address.  Wink


18 more at 1030 at 1:16 am lol

IMO: this is not a pause unless the dump they paused was not posted at all.. which is the most iffy idea.

However looking at the chart much more coins have been dumped in the last 24hrs with no stuttering.. so I think it was a ddos perhaps

Why is no one on the other exchanges panic selling? It really looks like it was a cutoff. Is that not a free chance to sell now?

well the same reason there sub 1k before hand. They're victim to flow of fiat in and out.

I'm still just confused about this being caused by that measly selloff .. and the dumper should just dump when he can.

I just hope the dump isn't over 10,000 because I didn't prepare any fiat for that.
1547  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:24:58 AM
Bet when we come back we'll start at 749 and Coinbull will come swooping in with his BTC address.  Wink


18 more at 1030 at 1:16 am lol

IMO: this is not a pause unless the dump they paused was not posted at all.. which is the most iffy idea.

However looking at the chart much more coins have been dumped in the last 24hrs with no stuttering.. so I think it was a ddos perhaps

Why is no one on the other exchanges panic selling? It really looks like it was a cutoff. Is that not a free chance to sell now?

Edit: Possibility huge account was hacked and that triggered the stop? Not sure if Motgox would have that capability.
1548  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:20:46 AM
Bet when we come back we'll start at 749 and Coinbull will come swooping in with his BTC address.  Wink
1549  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:16:09 AM
I think the massive dump triggered a shutoff switch....  Shocked

Yeah, but it wasn't even massive, just medium, yet if they have a shutoff for that it is complete garbage. It almost is like a gut fear reaction, Gox doesn't want the price dropping so they just turn off their exchange, haha.

The dump was cut off wasn't it? I assumed it was lower than 990.

It was at 990 and seemingly still going and click the exchange turns off.

Whoever bought at 1029.9999 got seriously screwed.  Grin Probably a bot.
1550  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:13:36 AM
good morning I open bitcoinwisdom to look at the movement to see the price at 1040 and a dump follow right away and brings the price to 990  Cheesy


some men want to watch the world burn  Cheesy  it has been happening repeatedly now, the price goes up the bids build up then a dump follow and again and all over again...

I don't think so. Someone is making a lot of money off the manipulation. Most of us are just fish in a sea full of whales.
1551  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:11:54 AM
I think the massive dump triggered a shutoff switch....  Shocked

Yeah, but it wasn't even massive, just medium, yet if they have a shutoff for that it is complete garbage. It almost is like a gut fear reaction, Gox doesn't want the price dropping so they just turn off their exchange, haha.

The dump was cut off wasn't it? I assumed it was lower than 990.
1552  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 06:06:54 AM
I think the massive dump triggered a shutoff switch....  Shocked
1553  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 04:29:24 AM
support zone will vanish and become the new resistance zone.

Tonight's Mtgox Match Up!
325 BTC @ $1036 Little Guy vs 1142 BTC @ $1050 Behemoth!
1554  Economy / Speculation / Re: Better return by buying $35 per day of BTC on Coinbase, everyday? on: January 07, 2014, 03:50:47 AM
1 BTC a month is the limit there?

Well that sux.
1555  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 03:49:41 AM
so who wants to break minor resistance and possibly cause a paradigm shift!

is it you?

its not me... you'll be buying my bitcoin, i can't help but sell a little... *sigh* everyone has a price tag...

Sell? Sell. SELL! SELL! SELL!
1556  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 02:39:31 AM
So i just read through like 15 pages of people negotiating a bet with someone I've had ignored for about a month. Unsurprisingly, it looks like you all got trolled.

Also, the total amount of btc involved was like 20btc?? Seriously, I feel someone would be prepared to "sell" their hero account for this much. i.e just disappear with the money. I don't wish to doubt your integrity Richy.T, but I'm not sure I would trust anyone on here with that much btc. Apparently I'm too cynical?

Maybe not cynical enough. Smiley

But I wouldn't be hard to find. I'm going to throw my life over for 20 grand? Besides, I've got ChartBuddy to think of. Where I come from, nobody gets left behind.

Oh yeah, I forgot that you're chartbuddy. Where I come from 20k is a lot of money. Any chance of doing a chart for bitstamp?

I think 20K is a lot of money for everyone. 20 BTC.... $1000 each ... it's still so hard to imagine even the 2nd time around.  Wink
1557  Economy / Service Discussion / Mtgox fees on: January 07, 2014, 02:02:02 AM
Is this chart still up-to-date?

https://www.mtgox.com/fee-schedule

This is kind of ridiculous given $1000 USD /BTC

I'm thinking of switching exchanges.
1558  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 06, 2014, 11:52:15 PM
much dollars
very luxury
such support
 

Each support can be broken.

Though I can't see any reason for dropping more and maybe entering bear market again.

Hodl?

Ore buy more Doge Coin?  Grin

There's 1 reason. 12,000+ coin dump so CoinBull can win his bet that it won't drop to 750 in 48 hours.
1559  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 06, 2014, 11:33:43 PM
Come on. Have mercy. I just bought in Mtgox $1015 and it started dropping.  Sad

What about the ppl that bought at 1200 Wink
They are starting to get some hope again about that their money isnt threwn away.
They could have known the risks tho...
Come on. Have mercy. I just bought in Mtgox $1015 and it started dropping.  Sad

Hold and be patient. Things will be okay if you do this.

Ha. It worked. Got some buy orders at $980's filled!  Tongue But ok that's enough dropping.
1560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 06, 2014, 11:14:09 PM
Come on. Have mercy. I just bought in Mtgox $1015 and it started dropping.  Sad
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